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20121202
20121210
Search Results 0 to 4 of about 5 (some duplicates have been removed)
. and then this party that paraded around as the big deficit hawks, the guys that wanted to control spending, the only cuts they put on the table is playing at margins, increasing retirement age from 65 to 67 and adjusting rates for social security. this hasn't presented itself as a party that wants to cut spending. on one hand you have president obama's proposal, which most agree is the responsible way of raising the debt, raising rates. and responsible cuts on entitlements and discretionary spending versus republicans who are divided against something that is a chicken hawk when it comes to the deficits, that is the boehner approach, or the more extremist position which is absolutely nothing.ç so this is an extraordinary position for the republican party to have evolved into. >> you must respond to what julian just said. >> i like julian an awful lot but i think what he said is entirely wrong. it's fascinating president obama last july, july of 2011, said we can get $1.2 trillion in revenue where we don't have to raise marginal tax rates and close loopholes and julian says most economists agree, i
and then these will be the numbers that the committees on capitol hill work towards in terms of having sizable deficit reduction. >> here is the problem, luke. how is it possible that speaker boehner puts on the table $150 billion less than he considered conceding during the grand bargain negotiations? did the last year not happen? >> reporter: what you're seeing here is a proposal by speaker boehner with the $800 billion in revenue which is where they were during -- >> you're trying to stifle yourself from laughing, luke. >> reporter: i'm not. i think one interesting points here in terms of the letter is that the first line is, dear mr. president, after a status quo election, and if you talk to folks at the white house, they don't view it as a status quo election. they thought what they had was a huge victory, and they are just -- if you're flying at 35,000 feet, you see the difference between both of them here is babe e boehner is like our margins in the house, you know, we still have a sense of clout. democrats are saying we increased our clout. this offer is meant by boehner to say the first one from geithn
approach to resolving the deficit. >> unfortunately, the speaker's proposal right now is still out of balance. you know, he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates, and when you look at the math, it doesn't work. >> nbc's kristin welker joins us now from the white house. kristin, republicans keep calling for the president to come into the negotiating table, but if speaker boehner repeatedly puts out proposals that refuse to raise tacks on the wealthiest of americans, then the president has made it clear there's no point in hosting a discussion, hasn't he? >> he has. and right now the president's senior administration officials still believe that the president has the leverage in this argument because he won re-election, because he ran on this very platform of increasing taxes for the wealthiest americans, and also because if you look at the polls, the majority of americans agree with them. house speaker john boehner saying i have put my best offer on the table. he even has some members of his own conference sayin
've got to raise the rates on the top two because we're going to raise the deficit. >> who knew a balanced approach could be characterized as an obsession that evokes an erotic response. what this is about is the president drawing attention to a dirty little secret, their own fetish that republicans just don't like to hear ventilated in public. according to the congressional budget office in the years since 1979 as federal taxation has become less progressive, the income of the top 1% has grown by over
Search Results 0 to 4 of about 5 (some duplicates have been removed)